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The Significance of Mobile Commerce (M-Commerce) in 2024

365 Retail

And M-commerce retail sales are set to exceed £100 billion in 2025. And with nearly 90% of UK adult consumers owning a smartphone , it goes without saying that any business that prioritises their mobile shopping experience will maintain significant benefit over competitors who don’t.

Mobile 59
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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

Despite these hardships, experts expect a rebound in local and international spending. “China is on track to become the world’s largest personal luxury market by 2025,” said Mei Chen, Director of Fashion and Luxury North America, UK and Northern Europe – Globalization Business, Alibaba Group, in an interview with Retail TouchPoints.

Payments 272
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Cloud retail solutions unlock the power of automation

iVend

Learn how we help retailers to automate for efficiency. Learn more Automation is all about using retail technology and process innovation to create efficiency, lower costs and enhance customer experience. It certainly can be, but the reality is that for most retail stores, it’s not an option, but a must-have.

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Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

With the adoption of e-commerce on the rise, brick and mortar retail businesses face increased risks of having to shut down. million by 2025, up from $431.6 While going digital is not exclusively reserved for bigger brands, small retail businesses may not necessarily have the knowledge or funds to take the step.

eCommerce 303
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The Top CBD Ecommerce Trends to Tap into the CBD Market

Omnisend

These transactions, via online retail stores, are known as CBD ecommerce. Learn ways your business can navigate this niche and begin selling CBD via online stores. This should also be assisted by a strong omnichannel strategy. As a result, CBD retailers are increasing their range to accommodate furry friends as well.

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Further Evolutions In Retail: All In For Experiential Retail

Retail TouchPoints

Beyond the backend systems for online retail and distribution, there is a tremendous amount of technology investment and deployment at the point of interaction (rather than what we might have called the point of sale). billion by 2025. Though easy to describe and difficult to carry out, this is the future for brick-and-mortar.

Retail 183
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Building Compelling Retail Digital Experiences for Millennials

Kibo

trillion by 2025 , far surpassing other generations. This generation is also considered more digital than any before it, with more than 86% of millennials citing online shopping as their preferred buying experience. Online Shopping Biggest Among Millennials. Millennial income is expected to reach an estimated $8.3